FAIR ACRE, CHAPEL LANE, MINCHINHAMPTON, STROUD, GL6 9DL - £985,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FAIR ACRE is a very large extended detached house of 238m², built sometime between 1950 and 1966, which could now be worth an estimated £1,214,965. It was last sold for £985,000 in June 2019, which was around 125% above the average June 2019 detached price in the Stroud local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was C.

FAIR ACRE Sold Prices

Land registry data shows two sales for FAIR ACRE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stroud local authority area for the corresponding sale date. Both of the two FAIR ACRE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 28 JUN	£985,000	£437,779	125% above HPI
2004 5 OCT	£540,000	£303,210	78% above HPI

FAIR ACRE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stroud local authority area over time, sourced from the HPI. The two FAIR ACRE sales from October 2004 and June 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2004 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the June 2019 sale, where it rises to 125% above the HPI. The line then continues to track at 125% above the HPI.

What might FAIR ACRE be worth now?

FAIR ACRE might now be worth an estimated £1,214,965.

This is based on house price inflation of 23.3%, between June 2019 and February 2025, for detached houses, in the Stroud local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.3% inflationary increase is applied to the most recent sale price for FAIR ACRE of £985,000 on 28th June 2019. For the value to have increased from £985,000 to £1,214,965 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of FAIR ACRE has moved in line with the HPI for detached houses in the Stroud local authority area.
• The June 2019 sale price of £985,000 represented a fair market value for the property.
• The size, condition, and specification of FAIR ACRE has not materially changed since June 2019.

How Large is FAIR ACRE?

FAIR ACRE is 238m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the largest 10% of detached houses houses in Minchinhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Minchinhampton, and where FAIR ACRE lies on this distribution: 92% of detached houses houses are smaller than FAIR ACRE, and 8% of houses are larger. Note that EPC data is not available for all properties in Minchinhampton.

FAIR ACRE: Plot and Title Map

FAIR ACRE sits on a plot of roughly 0.663 of an acre, or 2,685m². The below map shows the location of FAIR ACRE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of FAIR ACRE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is FAIR ACRE?

FAIR ACRE is located on CHAPEL LANE in MINCHINHAMPTON, in the GL6 postcode district. The below map shows the position of FAIR ACRE on CHAPEL LANE.